Foreclosure Reviews

No Help in Sight, More Homeowners Walk Away

by admin on Feb.04, 2010, under General Foreclosures

By June, about 5.1 million people will own a home whose value is below 75 percent of what is owed.


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Riverton Houses in Harlem to Be Sold in Foreclosure

by admin on Feb.04, 2010, under General Foreclosures

The owner of the complex failed to meet his projections and defaulted on the mortgage.


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F.H.A. Lending Standards Tightened

by admin on Feb.04, 2010, under General Foreclosures

With F.H.A. mortgage defaults increasing, the government has tightened lending standards for those with the worst credit and increased fees across the board.


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Underwater, but Will They Leave the Pool?

by admin on Feb.04, 2010, under General Foreclosures

Even if they owe more on their mortgages than their homes are worth, many people feel obligated to repay their loans. But what if those borrowers walked away?


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Here’s How to Help

by admin on Feb.04, 2010, under General Foreclosures

If President Obama wants to avoid a double-dip recession caused by another wave of foreclosures, then he should do more to help keep at-risk families in their homes.


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Treasury Weighs Fixes to Foreclosures Program

by admin on Feb.04, 2010, under General Foreclosures

The effort to revamp the Making Home Affordable program comes amid growing pressure to do less for banks and more for households.


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City Bids to Save Housing Imperiled by Investors

by admin on Feb.04, 2010, under General Foreclosures

A rescue plan will cover apartment buildings swept up by private equity firms, then left to deteriorate when the new owners were unable to repay their loans.


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F.H.A. to Raise Standards for Mortgage Insurance

by admin on Feb.04, 2010, under General Foreclosures

The Federal Housing Administration, which is supporting the housing market, is expected to announce on Wednesday standards addressing the agency’s finances and unprepared borrowers.


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Problems Mount at a Bronx Building Bought in a Bubble

by admin on Feb.04, 2010, under General Foreclosures

Heavy debt taken on by investors at an address famed in hip-hop offers hints of a housing crisis in lower-income parts of the city.


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Low Rates for Just a Few

by admin on Feb.04, 2010, under General Foreclosures

Although interest rates are historically low, borrowers often fail to secure them.


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